Military expenditure in Latvia
Latvia: Military expenditure was 7.5% in 2024. ▲ Rising
Military expenditure in Latvia, 1998–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of general government expenditure.
Analysis
In 2024, military expenditure in Latvia stood at 7.5%. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 9.5% on the previous year and up 200.1% over ten years.
Over the whole period, military expenditure in Latvia peaked at 7.5% in 2024 and was at its lowest, 1.6%, in 1998.
That places Latvia 52nd out of 161 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Military expenditure in Latvia, year by year
| Year | % of general government expenditure | Change |
|---|---|---|
| 1998 | 1.6% | — |
| 1999 | 1.9% | +20.4% |
| 2000 | 2.4% | +27.4% |
| 2001 | 3.0% | +24.5% |
| 2002 | 4.5% | +48.5% |
| 2003 | 4.9% | +8.5% |
| 2004 | 4.8% | -2.4% |
| 2005 | 4.7% | -2.1% |
| 2006 | 5.1% | +8.5% |
| 2007 | 4.7% | -7.0% |
| 2008 | 4.5% | -5.2% |
| 2009 | 3.2% | -27.2% |
| 2010 | 2.5% | -21.8% |
| 2011 | 2.7% | +5.7% |
| 2012 | 2.4% | -8.9% |
| 2013 | 2.5% | +2.8% |
| 2014 | 2.5% | -0.8% |
| 2015 | 2.8% | +11.1% |
| 2016 | 4.0% | +44.7% |
| 2017 | 4.4% | +8.8% |
| 2018 | 5.4% | +24.0% |
| 2019 | 5.4% | -1.0% |
| 2020 | 5.2% | -2.6% |
| 2021 | 4.8% | -7.4% |
| 2022 | 5.2% | +7.1% |
| 2023 | 6.8% | +32.1% |
| 2024 | 7.5% | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.6% | 1.9% | 2 |
| 2000s | 4.2% | 2.4% | 5.1% | 10 |
| 2010s | 3.5% | 2.4% | 5.4% | 10 |
| 2020s | 5.9% | 4.8% | 7.5% | 5 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Latvia?
- Military expenditure in Latvia was 7.5% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Latvia?
- The highest recorded value was 7.5% in 2024.
- What is the lowest military expenditure recorded in Latvia?
- The lowest recorded value was 1.6% in 1998.
- How does Latvia rank for military expenditure?
- Latvia ranks 52nd out of 161 countries with data for 2024.
- Is military expenditure rising or falling in Latvia?
- Over the last ten years it is up 200.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of general government expenditure). Statizoid updates them automatically from the source API.
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About this data
Military expenditure expressed as a percentage of general government expenditure